Question: Scenario 5 - 2 Suppose the demand function for good X is given by: where is the quantity demanded of good X , is the

Scenario 5-2
Suppose the demand function for good X is given by: where is the quantity demanded of good X, is the price of good X, and is the price of good Y, which is related to good X.
Refer to Scenario 5-2. Using the midpoint method, if the price of good X is constant at $10 and the price of good Y decreases from $10 to $8, the cross price elasticity of demand is about
Group of answer choices
0.57, and X and Y are substitutes.
-0.22, and X and Y are complements.
-0.80, and X and Y are complements.
-2.57, and X and Y are complements.

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